Recap: Cisco Systems Q3 Earnings

Recap: Cisco Systems Q3 Earnings

Cisco Systems CSCO reported its Q3 earnings results on Wednesday, May 18, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Cisco Systems beat estimated earnings by 1.16%, reporting an EPS of $0.87 versus an estimate of $0.86.

Revenue was up $32.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 2.8% increase in the share price the next day.

Here's a look at Cisco Systems's past performance:

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.81 0.80 0.82 0.82
EPS Actual 0.84 0.82 0.84 0.83
Revenue Estimate 12.65B 12.98B 13.02B 12.56B
Revenue Actual 12.72B 12.90B 13.13B 12.80B

To track all earnings releases for Cisco Systems visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings